Tag: acquisition

LayerZero Proposes $110M Stargate Acquisition, ZRO Token Surges

LayerZero Proposes $110M Stargate Acquisition, ZRO Token Surges

LayerZero Foundation has put forward a $110 million counter proposal to acquire Stargate, the cross-chain bridge it first launched in 2022. The acquisition seeks to centralize governance, maximize technical efficiencies, and strengthen various functions related to ongoing development. No wonder that in the wake of the announcement, LayerZero’s ZRO token...

Ondo Finance Acquires Oasis Pro to Expand Tokenized Asset Offerings

Ondo Finance Acquires Oasis Pro to Expand Tokenized Asset Offerings

Ondo Finance, an Ethereum-based decentralized finance (DeFi) project, has acquired Oasis Pro, a digital assets infrastructure provider regulated by the U.S. Securities and Exchange Commission (SEC). This action is further evidence that the company is committed to increasing its U.S. operations and improving its compliance program. Now, Ondo Finance is...

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Brazil's Central Bank Adjusts Drex CBDC Approach, Prioritizes Traditional Infrastructure

Brazil's Central Bank Adjusts Drex CBDC Approach, Prioritizes Traditional Infrastructure

Brazil's central bank, Banco Central do Brasil (BCB), is modifying its approach to the Drex project, the country's central bank digital currency (CBDC). Once a blockchain-heavy project, Drex has shifted focus to more heavily rely on traditional financial infrastructure with the first launch. Despite the risks involved, the BCB is...

AI-Powered LYNO Token Eyes Cross-Border Utility in Presale Launch

AI-Powered LYNO Token Eyes Cross-Border Utility in Presale Launch

LYNO, the AI-driven cross-chain arbitrage protocol, just kicked off the presale addressing cross-border crypto utility in a new way. The LYNO token will be central to governance in the LYNO ecosystem. It empowers holders to be able to vote on important decisions like fee structures, bridge integrations and protocol upgrades....

Altcoins BlockDAG, Bittensor, NEAR Protocol, and Render See Surge in Activity Amid Technological Advancements

Altcoins BlockDAG, Bittensor, NEAR Protocol, and Render See Surge in Activity Amid Technological Advancements

As August 2025 draws near, some of these altcoins are gaining serious steam, fueled by technological advancements and increasing adoption by the marketplace. No wonder BlockDAG (BDAG) is out in front — their presale has been unimaginably successful. At the same time, Bittensor (TAO), NEAR Protocol and Render (RENDER) are...

Spartans Carves Niche in Crypto Gaming with Innovative Features and High Retention

Spartans Carves Niche in Crypto Gaming with Innovative Features and High Retention

Spartans has become an overnight game-changer in the crypto gaming ecosystem. They address the biggest issues that we see with today’s platforms. The platform’s most unique feature is its breadth of real-time betting options. It provides a single login across the ecosystem and deeply focuses on user retention, raising the...

IKA Pioneers New Era of Crypto Interoperability with High-Speed, Secure Platform

IKA Pioneers New Era of Crypto Interoperability with High-Speed, Secure Platform

IKA is emerging as a pivotal player in the blockchain industry, redefining the standards for crypto interoperability through cutting-edge technology and strategic collaborations. IKA is not only developed for institutional traders but retail investors. It provides the increasing market need for easy, fast and secure cross-chain connectivity with robust, efficient,...

Taskon Integrates Memebridge to Enhance Web3 Task Collaboration

Taskon Integrates Memebridge to Enhance Web3 Task Collaboration

Taskon is a versatile task collaboration platform that enables users to complete decentralized Web3 tasks collaboratively. It has recently incorporated Memebridge, a multi-chain bridging infrastructure, to enhance cross-chain interoperability. Through this collaboration, these efforts will make it easy to swap quickly, seamlessly, and at low cost across a myriad of...

Solana's DeFi Dominance Reaches $9 Billion Amidst Market Fluctuations in 2025

Solana's DeFi Dominance Reaches $9 Billion Amidst Market Fluctuations in 2025

Back in 2025, Solana had a total value locked (TVL) of $9 billion. This increase is a testament to Solana’s strong position in the decentralized finance (DeFi) space. The blockchain network fostered 4 million daily active wallets, propelled by its super-scale throughput and almost-zero transaction fees. These features made it...

Mento and Wormhole Join Forces to Revolutionize Cross-Chain FX Infrastructure

Mento and Wormhole Join Forces to Revolutionize Cross-Chain FX Infrastructure

Mento, a key FX infrastructure within the Ethereum Virtual Machine (EVM) ecosystem, has announced a strategic partnership with Wormhole, a leading interoperability platform. The collaboration seeks to expand Mento's onchain FX capabilities beyond Celo, enabling real-time, decentralized currency exchange across more than 40 blockchains. This partnership aims to modernize the...